
Domestic NZ film and television productions
Establishment and set-up
- What structure is best for your project?
- NZ Screen Production Grant criteria and entity choice
- Co-production treaties/agreements
- NZ taxes – income tax, withholding taxes, GST, Approved Issuer Levy, individual taxes
- Financing arrangements – NZ Government, private equity, bank
- The most effective funding structure for your NZ film production project
- Financial reporting implications and options
- Company assistance – company incorporation and registrations, bank account set-up, company secretarial compliance
- Set-up agreements and documentation advice best suited to your project – interparty/production funding agreement, NZSPG loan agreement, cast & crew assignments, security deeds, banking deeds
- Cashflow forecasts for funding bodies/NZSPG lender
New Zealand Screen Production Grant
- Advising on NZSPG criteria and requirements, including the Additional Grant
- Opinions on film grant entitlement and likely (budgeted costs) quantum of grant
- All registrations/waiver applications, preparation, project-managing processes
- Grant application completion (including provisional applications, if appropriate) and project-management, including liaising with your grant auditor and the NZ Film Commission’s consultants, to approval and receipt
Financial accounting
- Financial accounting obligations
- Processing and payment of payroll and supplier invoices
- Post-production accounting
- Financial statements preparation
New Zealand taxation planning and obligations
- Summary NZ tax outline for production companies and other entities
- Income tax & GST & withholding taxes
- Understanding multi-year tax accounting impacts
- All local taxation compliance matters, tax payments, tax returns and filings
- GST return preparation & reconciliation, filings and optimal cash flows
- All liaison with NZ Inland Revenue managing payments, filings, assessments, tax accounts, reconciliations
Managing contracts with cast and crew
- Understanding the individual and loan-out NZ tax issues
- Engagement basis as contractors or employees
- Production requirements and cast and crew taxation parameters
- Overseas cast and crew NZ tax obligations
- Assignment arrangements and split contracts
- Engagement of cast and crew that supports your film grant entitlement